I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Monday, 16 December 2013

How do you invest your parent's spare money?


How do you invest your parent's spare money?



Uncle8888 pays his mother-in-law and sister-in-law monthly fixed income @ 3.3% p.a.

After so many years, they didn't even to bother to check whether their money is still around or not.


Since Uncle8888 has taken back all his investing capital and letting the cash rotting in the bank @ 0.25% interest rate; technically he is losing money on these monthly fixed income payout. LOL!











Posted by Createwealth8888 at 22:25
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1 comment:

  1. Money Honey15 March 2014 at 22:39:00 GMT+8

    it will be wonderful when our other family members approach us to help them invest for higher returns; even when it is using the monthly allowances we have given to them.

    ReplyDelete

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